New York Markets After Hours

Google's Schmidt: N Korea needs global Internet

SarahTurner

SYDNEY (MarketWatch) -- Google Inc.'s
GOOG, +0.42%
Chairman Eric Schmidt said Thursday that North Korea needs to open up to the global Internet if it's going to develop economically, according to reports. The country's decision to be virtually isolated is going to affect their view of the world and likely "make it harder for them to catch up economically," he said, according to the reports. Schmidt visited the secretive Asian country for three days along with former New Mexico Gov. Bill Richardson.

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